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andreev551 [17]
3 years ago
14

A manufacturing division has $1,800,000 in average assets and income of $720,000. The company's target rate is 8%. The division'

s residual income is $
Business
1 answer:
Drupady [299]3 years ago
3 0

576000

just divide the smallest number by the big number then you’ll get 576000

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Draco Company charges a selling price of $25 per unit for its single product, incurs variable costs of $17 per unit, and total f
larisa86 [58]

Answer:

c. 23,500

Explanation:

The formula for determining target sales volume is shown below:

target sales volume=fixed costs+ target net income before tax/contribution margin per unit

fixed costs=$140,000

target net income before tax=$36,000/(1-25%)=$48000

contribution margin per unit=selling price-variable cost=$25-$17=$8

target sales volume=($140,000+$48000 )/$8

target sales volume=$188,000/$8

target sales volume=23500

7 0
3 years ago
Andrea is an accountant who lives in the state of Texas. Which tax is she not responsible to pay?.
vladimir1956 [14]

In the states of texas, Andrea is not responsible to pay the inheritance tax as there are no applicability of inheritance tax in texas.

What do you mean by tax?

Tax is an obligatory payment made by the citizens or corporations to the government. These taxes are the major sources of revenue for the government.

As Andrea works as an accountant and lives in Texas, she is exempt from paying the inheritance taxes as this tax is repealed by the state.

Thus, Andrea is not responsible to pay inheritance tax.

Learn more about Tax here:

brainly.com/question/16423331

7 0
3 years ago
Which type of unemployment is characterized by a worker looking for a job when there is no reason that he or she should not find
anyanavicka [17]

Answer:

Option C        

Explanation:                  

In simple words, Frictional joblessness relates to one form of joblessness. It is often referred to as quest displacement, and may be dependent on specific instances.

When an employee applies for a position or moves from one workplace to another and it is time wasted among jobs. In the market, frictional displacement is still present, the product of intermittent changes made by employees and companies.

6 0
4 years ago
What is a personal income tax
Burka [1]

Answer:

Personal income tax is generally computed as the product of a tax rate times taxable income

Explanation:

8 0
3 years ago
Read 2 more answers
Responsibility for the financial statements and other information found in the annual report lies with
RSB [31]

Answer:

Management

Explanation:

The Management of the company are appointed as stewards by the owners of the company (shareholders). They have a role in reporting the entity`s operations and ensuring that they provide a good return for the shareholders investments.

5 0
3 years ago
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